Amazon to create 4,000 UK jobs this year
The new jobs will bring the online giant's permanent workforce in the UK to 75,000
Company
Amazon.com Inc
NASDAQ:AMZN
Amazon.com Inc provides a range of products and services to customers. The products offered through its stores include merchandise and content that it purchased for resale and products offered by third-party sellers. The company manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo and Ring, and it develops and produces media content.
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Amazon cutting back on its private-label items as sales slump - reports
The retailer's decision to scale back in-house brand items was reportedly partly attributed to disappointing sales
Amazon faces new CMA probe on anti-competitive behaviour
This follows an ongoing European Commission probe, which does not cover Britain, that is looking at similar concerns
Amazon to launch e-cargo delivery bikes in London
Amazon plans for similar delivery hubs around the UK
Amazon continues incursion into sports streaming with UK Champions League rights
The US tech giant will get the first pick of Tuesday night games as the Champions League moves to a new format with more teams from 2024
Amazon pleads case against online sales tax in UK
New levy would hurt small businesses on its platform claims the tech giant
Amazon names Doug Herrington CEO of its worldwide consumer business
Herrington replaces Dave Clark, who resigned as CEO of Worldwide Consumer in June
FIVE at FIVE: BT faces competition probe, Dr Martens raises guidance, Bezos blocks workers' proposals and Missguided rescued by Ashley
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news.
Amazon founder Bezos 'was key' to blocking AGM votes on worker safety
“At Amazon’s AGM one of the richest men on the planet blocked a proposal that would have made working conditions for thousands of Amazon employees safer," said Tulipshare CEO and founder Antoine Argouges
Hardware & electrical equipment
Amazon shareholders approve first stock split since 1999
Investors are to receive 20 shares for every share they currently own, with the stock price soaring 6% in extended trading on the news
Amazon shareholders block proposal to improve warehouse working conditions
One vote that the company put forward, for a 20:1 stock split, was supported by shareholders
Striking while the iron is hot: industrial strife makes a comeback
Rampant inflation was big in the 70s. So were strikes. We've already got the former; are we about to get the latter? What next? The return of loon pants and feather-cut hairstyles?
Hardware & electrical equipment
Amazon and Apple updates may cause new wobble for tech sector, though analysts confident
Amazon fell well short of expectations, with a first quarterly net loss since 2015
Amazon stock dives as earnings reveal impact of pandemic, labour shortages
The company reported a loss of $7.56 per share for 1Q 2022
Amazon to conduct US racial equity review
The review will be led by former Attorney General Loretta Lynch and Amazon said it will make the results of the audit public
Amazon to hit merchants with 5% surcharge as costs spike
The e-commerce giant is battling surging input costs and fuel prices
The top three cloud stocks for 2022
If you are looking for three undiscovered stocks, you'll be disappointed. In the cloud market, bigger is better
Amazon wins EU approval to buy MGM for $8.45bn
Green light from competition regulators leaves US FTC as final obstacle for mammoth purchase
Amazon charges estranged Indian partner Future and Reliance of fraud in newspaper ads
Amazon has launched an attack in its bitter dispute with two Indian retailers on Tuesday, accusing them of fraud in advertisements published in Indian newspapers after Reliance Industries suddenly took over many Future Retail stores
Hardware & electrical equipment
Amazon announces 20-for-1 stock split and US$10bn share buyback
“This split would give our employees more flexibility in how they manage their equity in Amazon and make the share price more accessible for people looking to invest in the company,” an Amazon spokesperson said